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Announced

Adani Power to acquire DB Power for $879m.

Financials

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Transaction Value£732m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Single Bidder

Domestic

Private

Friendly

Pending

India

thermal power plant

Renewable Energy Equipment

Majority

Acquisition

Synopsis

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Adani Power, a power and energy company, agreed to acquire DB Power, a thermal power plant operator, for $879m. "The acquisition will help the Company to expand its offerings and operations in the thermal power sector in the state of Chhattisgarh," Adani Power.

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